Portland’s basketball future just took a sharp turn toward the unknown. For years, the Trail Blazers operated under the steady, legacy-driven hand of Paul Allen’s estate, a tenure marked by deep community ties and patient building. But whispers of change have swirled since the team hit the market in May, leaving fans anxious about who might steer the ship next.

It is only now that news about Tom Dundon owning the Portland Trail Blazers have started to emerge..

Tom Dundon’s acquisition of the Portland Trail Blazers represents one of the most significant NBA ownership transitions in recent years. The tentative agreement, announced on August 13, 2025, involves Dundon leading a consortium that includes Marc Zahr (co-president of Blue Owl Capital) and Sheel Tyle (co-CEO of Portland-based Coll

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